Stage Stores, Inc. : Stage Stores Appoints New Member to Board of Directors
06/13/2012| 02:35pm US/Eastern
Stage Stores, Inc. (NYSE: SSI) announced today that, effective June 8,
2012, C. Clayton Reasor, 55, was appointed to the Company's Board of
Directors. His appointment brings the Board's membership to eight
Directors. Mr. Reasor, an independent Director, has been named to serve
on the Board's Compensation Committee and its Corporate Governance and
Since May 1 2012, Mr. Reasor has been Senior Vice
President, Investor Relations, Strategy and Corporate Affairs of
Phillips 66, which is headquartered in Houston, Texas. From April 1,
2009 to April 30, 2012, he served as Vice President, Investor and
Corporate Relations of ConocoPhillips, which is also headquartered in
Houston. From June 1, 2005 to March 31, 2009, Mr. Reasor served as
President, US Marketing of ConocoPhillips. He began his career with
Phillips Petroleum in 1979. During his career, Mr. Reasor has been
involved in the development, implementation and articulation of
corporate and marketing strategy and has developed commercial, financial
and communications experience in domestic and international facilities.
He has a strong background working directly with investment analysts,
institutional investors and the broad financial community.
Michael Glazer, President and Chief Executive Officer, commented, "We
are very pleased to welcome Clayton to our Company's Board of Directors.
Clayton has a diverse background, with a wealth of knowledge and
experience in key areas such as communications, marketing, strategic
planning and capital markets. His broad background, leadership skills
and successful track record will make him an outstanding addition to our
Board and to the committees on which he will serve."
About Stage Stores
Stage Stores, Inc. operates primarily in small and mid-sized towns and
communities. Its stores, which operate under the Bealls, Goody's, Palais
Royal, Peebles, Stage and Steele's names, offer moderately priced,
nationally recognized brand name apparel, accessories, cosmetics and
footwear for the entire family. The Company currently operates 829
stores in 40 states. The Company also has an eCommerce website. For more
information about Stage Stores, visit the Company's web site at www.stagestoresinc.com.
Stage Stores, Inc.
Bob Aronson, 800-579-2302
© Business Wire 2012